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The Indian space technology sector has witnessed another significant milestone with Hyderabad based startup TakeMe2Space successfully closing a $5 million seed funding round. The investment, spearheaded by Chiratae Ventures alongside Unicorn India Ventures, Artha Venture Fund, and SeaFund, positions the company to accelerate its ambitious vision of establishing artificial intelligence infrastructure in Low Earth Orbit.
Transforming Satellite Technology
TakeMe2Space has distinguished itself by developing a novel approach to space based computing. Through its OrbitLab platform, the startup enables clients to upload AI models and execute data processing operations directly aboard satellites, eliminating the need to transmit raw data back to Earth. This paradigm shift offers substantial advantages in terms of bandwidth efficiency and processing speed, with services available at $2 per minute.
The company recently achieved a landmark accomplishment with the successful deployment of MOI-1, its inaugural major satellite. During this mission, TakeMe2Space demonstrated several industry first capabilities, including uploading large scale AI models from terrestrial stations to orbital platforms, executing third party software in space, and securely transmitting encrypted results back to ground operations.
Strategic Growth Trajectory
The newly acquired capital will fuel multiple expansion initiatives. TakeMe2Space plans to scale its satellite constellation to six operational units while enhancing real time AI processing capabilities in orbit. Additionally, the company intends to intensify research efforts focused on high power computing satellites, a critical component for handling increasingly complex computational workloads.
Geographic expansion represents another key priority, with operations set to grow across India, the United States, and Australia. The next developmental phase will incorporate optical inter satellite links and introduce approximately 5 kilowatts of computing capacity in orbit.
Industry Implications
The startup’s long term objective involves constructing dedicated AI data centers in space, which could deliver cost reductions of 5 to 8 times compared to conventional ground based processing for industries such as agriculture, mining, logistics, and environmental monitoring. This innovation arrives at an opportune moment, as projections indicate India’s spacetech market will reach $77 billion by 2030.
This funding follows the company’s earlier pre-seed round of $629.5K and its recognition in Inc42’s prestigious “30 Startups To Watch” compilation in June 2025. Under the leadership of founder Ronak Kumar Samantray, the company continues to push boundaries in making space infrastructure accessible and programmable for diverse commercial applications.
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